Fiscal Institutions and Fiscal Performance (National Bureau of Economic Research Conference Report)
Poterba, James M. (Editor)/ Von Hagen, Jurgen (Editor)/ Poterba, James M./ Hagen, Jurgen Von (Editor)
ISBN 10: 0226676234 ISBN 13: 9780226676234
Published by Univ of Chicago Pr, 1999
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Hardcover
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1st edition. 398 pages. 9.75x6.50x1.00 inches. In Stock. Seller Inventory # 0226676234
Synopsis:
The unprecedented rise and persistence of large-scale budget deficits in many developed and developing nations during the past three decades has caused great concern. The widespread presence of such deficits has proved difficult to explain. Their emergence in otherwise diverse nations defies particularistic explanations aimed at internal economic developments within a specific country. This work shifts emphasis away from narrow economic factors to more broadly defined political and institutional factors that affect government policy and national debt. The collection brings together theoretical models, empirical evidence and a series of case studies to analyze the effect of political institutions, fiscal regulations, and policy decisions on accumulating deficits. It provides an overview of the political and economic issues involved and highlights the role of budgetary institutions in the formation of budget deficits.
About the Author: James M. Poterba is the Mitsui Professor of Economics at MIT and president and CEO of the NBER.
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Bibliographic Details
Title: Fiscal Institutions and Fiscal Performance (...
Publisher: Univ of Chicago Pr
Publication Date: 1999
Binding: Hardcover
Condition: Brand New